Question: Here are two statements about Canada's production possibilities frontier (PPF) in a world where trade is possible between the residents of Canada and the rest
Here are two statements about Canada's production possibilities frontier (PPF) in a world where trade is possible between the residents of Canada and the rest of the world. I Canada's population cannot produce beyond its domestic PPF. II Canada's population cannot consume beyond its domestic PPF. Choose the correct option from the list below. A Neither statement is true. B Only I is true. C Only II is true. D Both statements are true
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